Which of the Following Concepts Got Its Start as Global

question 67

Multiple Choice

Which of the following concepts got its start as global firms moved away from viewing innovation as a "home market" activity that creates new products and services for distribution to "foreign markets"?

• A) disruptive innovation
• B) product innovation
• C) reverse innovation
• D) incremental innovation
• E) social business innovation

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Definitions:

Biomedical

Pertaining to the application of natural sciences, especially biology and physiology, to clinical medicine.

Ethnicity

A social construct that groups people based on common national, cultural, or ancestral ties.

Culture

the beliefs, practices, arts, laws, customs, capabilities, and habits of the people in these societies.

Norms

Shared expectations or rules within a society or group regarding appropriate behaviors or thought processes.